Spring Creek CDP Nevada Income Charts

This section shows the Spring Creek CDP Nevada economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Spring Creek CDP depicts it has a Median earnings of $69,227 which is the third most median earnings of all other places in the greater Spring Creek CDP region. The place with the highest median earnings per worker in the area is Osino CDP which depicts a median earnings of $117,796 (70.2% larger). Comparing median earnings per worker to the United States average of $53,269, Spring Creek CDP is 30.0% larger. Also, in comparison with the state of Nevada, median earnings per worker of $47,225, Spring Creek CDP is 46.6% larger.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $105,997 which is the second most of all the places in the greater region. The place with the highest median household income in the area is Osino CDP which shows a median income of $112,222 (only about 5.9% larger). Comparing median household income to the United States average of $69,021, Spring Creek CDP is 53.6% larger. Also, benchmarked against the state of Nevada, median household income of $65,686, Spring Creek CDP is 61.4% larger.

The next section examines a variety of different income statistics for the Spring Creek CDP metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $10,000 and $14,999 at 6.9% of the total and is ranked #1. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 4 shows that it has a Avg Hrly Earnings of $32.95 which is the second most average hourly earnings of all the places in the greater Spring Creek CDP region. The place with the highest average hourly earnings in the area is Crescent Valley CDP which shows an average hourly earnings of $39.37 (19.5% larger). Comparing average hourly earnings to the United States average of $26.40, Spring Creek CDP is 24.8% larger. Also, measured against the state of Nevada, average hourly earnings of $23.35, Spring Creek CDP is 41.1% larger.

Figure 5 examines the number of self employed people in the Spring Creek CDP metro area based on the number of people who reported any self employment income. Spring Creek CDP shows it has a Self Employed of 10.2% which is the third most people self employed of all other places in the greater Spring Creek CDP region. The place with the highest percentage of people self employed in the area is Carlin which shows a percentage self employed of 18.1% (77.7% larger).

The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 20.0% which is the third most households with retirement income of all other places in the greater Spring Creek CDP region. The place with the highest households with retirement income in the area is Crescent Valley CDP which shows a households with retirement income of 33.0% (65.2% larger).

The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Spring Creek CDP shows full time employees approximately 4.2 times bigger as the part time employees.

Similar to the last chart is Figure 9 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Spring Creek CDP shows it has the hightest entrepreneurs of 57% for the self employed in professional, scientific, management, administrative services classification.

Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Spring Creek CDP shows it has the hightest cost of 111.7 for the cost of housing classification.

Spring Creek CDP Nevada Poverty Charts

In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Spring Creek CDP depicts it has a Percent of Population In Poverty of 8.4% which is in the middle range of other places in the local area. The place with the highest percent of people earning less than the poverty level in the area is Wells which depicts a percent of people in poverty of 45.7% ( markedly bigger). Additionally, Figure 12 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Spring Creek CDP depicts it has a Public Assistance Percent of 2.6% which is the second smallest in order of households with public assistance of all the other places in the local area. The place with the highest households with public assistance in the area is Elko which depicts a households with public assistance of 11.6% (approximately 4.5 times bigger).

Spring Creek CDP Nevada Labor Force Charts

The table in Figure 13, shows Spring Creek CDP employment data in terms of job categories and salary data.

The next two charts look at monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the Coronavirus Pandemic it went from 4.0% to 2.9% in December 2019. This represents a decrease in the monthly unemployment rate of 27.5%. Since that time, the monthly unemployment rate has gone to 2.9%. This represents an increase in the monthly unemployment rate of very little.

Spring Creek CDP Nevada Jobs Charts

In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.

Figure 16 shows the average median earnings for different categories of jobs.

Spring Creek CDP Nevada Work Commute Charts

Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Spring Creek CDP or elsewhere.) Spring Creek CDP has the largest proportion of people who bike at 0% of the total and is ranked #1. Second, it has the largest proportion of people who took a taxicab, motorcycle or other at 3% of the total and is ranked #1.

Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.

The average commute time is shown in Figure 21. Spring Creek CDP shows it has a Avg Commute Time of 41 which is more than all other places in the greater Spring Creek CDP region.